Merchandise exports to low- and middle-income economies in East Asia in Latin America & Caribbean (excluding high income)

Latin America & Caribbean (excluding high income): Merchandise exports to low- and middle-income economies in East Asia was 14.7% in 2023. ◆ Volatile

Latest (2023)
14.7%
Change on year
up 10.1%
Rank
28th
of 47 groups
All-time high
14.9%
in 2021
All-time low
0.2%
in 1960
Years of data
64
1960–2023

Merchandise exports to low- and middle-income economies in East Asia in Latin America & Caribbean (excluding high income), 1960–2023

051015196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

The most recent figure for merchandise exports to low- and middle-income economies in east asia in Latin America & Caribbean (excluding high income) is 14.7%, measured in 2023.

The figure is up 10.1% on the previous year and up 39.6% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in east asia in Latin America & Caribbean (excluding high income) peaked at 14.9% in 2021 and was at its lowest, 0.2%, in 1960.

Latin America & Caribbean (excluding high income) ranks 28th of 47 groups on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise exports to low- and middle-income economies in East Asia in Latin America & Caribbean (excluding high income), year by year

Annual values for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in Latin America & Caribbean (excluding high income), 1960 to 2023.
Year % of total merchandise exports Change
1960 0.2%
1961 0.5% +219.1%
1962 0.6% +21.6%
1963 0.5% -20.6%
1964 1.3% +162.6%
1965 1.2% -4.8%
1966 1.1% -7.3%
1967 0.4% -67.1%
1968 0.2% -43.1%
1969 0.2% +16.0%
1970 0.3% +12.2%
1971 0.7% +167.9%
1972 1.3% +70.7%
1973 1.3% +1.8%
1974 1.0% -24.1%
1975 0.9% -8.4%
1976 0.5% -47.6%
1977 1.2% +163.9%
1978 1.2% +0.7%
1979 1.3% +6.7%
1980 1.1% -20.6%
1981 1.5% +42.0%
1982 1.4% -6.8%
1983 2.0% +44.6%
1984 1.3% -37.0%
1985 2.2% +75.1%
1986 2.2% -2.9%
1987 1.9% -12.4%
1988 2.9% +55.2%
1989 2.6% -11.5%
1990 2.2% -15.5%
1991 1.7% -24.1%
1992 1.8% +8.1%
1993 1.9% +6.6%
1994 2.0% +1.4%
1995 2.2% +14.5%
1996 2.2% -2.1%
1997 2.1% -3.6%
1998 1.4% -31.4%
1999 1.2% -13.9%
2000 1.4% +14.0%
2001 2.0% +41.0%
2002 2.4% +21.0%
2003 3.5% +46.2%
2004 3.6% +1.5%
2005 3.8% +5.2%
2006 3.9% +3.1%
2007 4.8% +21.8%
2008 5.5% +16.3%
2009 7.1% +27.6%
2010 8.5% +21.0%
2011 9.7% +14.1%
2012 9.8% +0.4%
2013 10.5% +7.8%
2014 9.9% -6.6%
2015 9.7% -1.5%
2016 10.1% +4.4%
2017 11.3% +11.2%
2018 12.4% +9.7%
2019 13.0% +5.3%
2020 14.4% +10.6%
2021 14.9% +3.4%
2022 13.4% -10.1%
2023 14.7% +10.1%

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies in East Asia in Latin America & Caribbean (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1961 +219.1% 0.2% 0.5%
1971 +167.9% 0.3% 0.7%
1977 +163.9% 0.5% 1.2%
1964 +162.6% 0.5% 1.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.6% 0.2% 1.3% 10
1970s 1.0% 0.3% 1.3% 10
1980s 1.9% 1.1% 2.9% 10
1990s 1.9% 1.2% 2.2% 10
2000s 3.8% 1.4% 7.1% 10
2010s 10.5% 8.5% 13.0% 10
2020s 14.3% 13.4% 14.9% 4

Countries ranked near Latin America & Caribbean (excluding high income)

  1. 25 Indonesia 40.8% compare
  2. 26 Gabon 38.3% compare
  3. 27 New Zealand 37.7% compare
  4. 28 Peru 37.1% compare
  5. 29 Brunei 37.0% compare
  6. 30 Fiji 36.6% compare
  7. 31 Brazil 35.8% compare

See the full ranking of 253 places →

More private sector data for Latin America & Caribbean (excluding high income)

All data for Latin America & Caribbean (excluding high income) →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in east asia in Latin America & Caribbean (excluding high income)?
Merchandise exports to low- and middle-income economies in east asia in Latin America & Caribbean (excluding high income) was 14.7% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies in east asia recorded in Latin America & Caribbean (excluding high income)?
The highest recorded value was 14.9% in 2021.
What is the lowest merchandise exports to low- and middle-income economies in east asia recorded in Latin America & Caribbean (excluding high income)?
The lowest recorded value was 0.2% in 1960.
How does Latin America & Caribbean (excluding high income) rank for merchandise exports to low- and middle-income economies in east asia?
Latin America & Caribbean (excluding high income) ranks 28th out of 47 groups with data for 2023.
Is merchandise exports to low- and middle-income economies in east asia rising or falling in Latin America & Caribbean (excluding high income)?
Over the last ten years it is up 39.6%. The long-run trend across the full record is volatile.
Where does this Latin America & Caribbean (excluding high income) data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies in East Asia in Latin America & Caribbean (excluding high income). Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-in-east-asia-and-pacific-percent/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,319 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.